Fiat workers call for strike after owner buys Cristiano Ronaldo

Spanish soccer giant Real Madrid Football Club agreed on July 10 to transfer five-time Ballon d’Or winner Ronaldo to Juventus after he asked to leave. Juventus will pay 100 million euros ($117 million) for the move and another 12 million euros in additional fees to sign the player to a four-year contract, the club said in a statement.

The Agnelli family, which has owned Turin-based Juventus for more than 90 years, controls Ferrari and Fiat Chrysler through its holding company, Exor, which owns 64 per cent of Juventus.

Fiat Chrysler, whose Jeep logo is plastered across Juventus’ black-and-white-striped jerseys, could get a huge advertising boost in the deal, according to analysts. If Ronaldo can lead Juventus to the UEFA Champions League final, the media exposure for that year alone would be worth about $58.3 million, according to Eric Smallwood, president of Apex Marketing Group.

“We’re all employees of the same owner, but in such a period of enormous social difficulty, this difference in treatment cannot and must not be accepted,” the union said. “The company should invest in car models that guarantee the futures of thousands of people, rather than enriching only one.”